Colorado · Nonprofit
ELEVATION COMMUNITY LAND TRUST
ELEVATION COMMUNITY LAND TRUST (Colorado) receives grants from 14 organizations whose IRS filings report $14,102,116 to it, the largest being THE COLORADO HEALTH FOUNDATION ($10,000,000). 6 of them have funded it in more than one year.
- Revenue FY2024
- $15M
- Funders on record
- 14
- Grants received
- $14M
- Net assets
- $42M
What Elevation Community Land Trust does
Mission
Elevation Community Land Trust partners with communities to create equitable opportunities for families through permanently affordable homeownership.
As stated on its FY2024 Form 990.
Program
Eclt provides affordable homeownership opportunities to eligible low-to-moderate income colorado families using the community land trust model, through which the improvements on a property are sold to a qualified household and the land is held in trust as a community asset. Eclt acquires homes, completes rehabilitation if needed, and sells the homes to low-to-moderate income households. Such homes are generally sold at a loss, since the cost to acquire and and rehabilitate a property usually exceeds the affordable sales price to a qualified homebuyer. This loss ($241,542 in 2023 shown on part viii, line 7) represents eclt's subsidy investment to ensure that the homes in its portfolio remain permanently affordable for generations to come. In 2023, eclt sold 23 homes to qualified buyers.
$6,022,141 spentof which $90,000 as grants$6,821,831 earned by the program100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $6,022,141.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $83M to $102M (+23%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 36% · 2022 28% · 2023 11% · 2024 86%. Grants only. Government contracts and fees sit inside program revenue.
105% of ELEVATION COMMUNITY LAND TRUST’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Stefka Fanchi
President and CEO
Board chair
Dave Younggren
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 7 funders, grant income fell $5.0M → $2.7M.
4 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of ELEVATION COMMUNITY LAND TRUST’s funders (the co-funder graph). Top 12 of 14 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ELEVATION COMMUNITY LAND TRUST leans on a few funders — its largest provides 71% of grant income and the top three 92%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2019 100% · 2020 100% · 2021 80% · 2022 47% · 2023 75% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
40% of ELEVATION COMMUNITY LAND TRUST's funders are still giving 1 year after their first grant; 43% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
100% of ELEVATION COMMUNITY LAND TRUST's grant income comes from Colorado funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $198k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ELEVATION COMMUNITY LAND TRUST runs a healthier operating margin than three-quarters of the 818 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 818 housing & shelter nonprofits $10M–$100M, FY2024
Government funding ELEVATION COMMUNITY LAND TRUST receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.0M on record.
- Department of Housing and Urban Development$5.0M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like ELEVATION COMMUNITY LAND TRUST
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 30 related entities
- Eclt Aurora Commons LLC · disregarded
- Eclt Balsam St Condos LLC · disregarded
- Eclt Blackhawk Commons LLC · disregarded
- Eclt Blue Vista Commons LLC · disregarded
- Eclt Brighton Condos LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for ELEVATION COMMUNITY LAND TRUST: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ELEVATION COMMUNITY LAND TRUST?
- ELEVATION COMMUNITY LAND TRUST (Colorado) receives grants from 14 organizations whose IRS filings report $14,102,116 to it, the largest being THE COLORADO HEALTH FOUNDATION ($10,000,000). 6 of them have funded it in more than one year.
- How many funders does ELEVATION COMMUNITY LAND TRUST have?
- IRS filings report 14 organizations giving $14,102,116 in grants to ELEVATION COMMUNITY LAND TRUST, 6 of which have funded it in more than one year.
- Who is the largest funder of ELEVATION COMMUNITY LAND TRUST?
- THE COLORADO HEALTH FOUNDATION is the largest funder on record, with $10,000,000 in grants. The full list of funders is on this page.
- How can an organization like ELEVATION COMMUNITY LAND TRUST find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Elevation Community Land →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 14 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing